Bank of Japan Governor Ueda comment on ... property prices?
Oh here goes, tying them to policy:
- want to carefully monitor whether monetary policy leads to excessive property prices and cause a bubble
The Bank policy meeting is on Thursday and Friday this week.
We get the decision announced on April 28. There is some speculation Ueda will shift from ultra-easy policy. Earlier reports though have said that no change was likely - Reuters, for example, posted, citing sources, saying no change is imminent, including no changes to guidance.
USD/JPY has been trading higher (weaker yen).
